Replies to post #314346 on Spongetech Delivery Systems Inc (fka SPNGQ)

[1jk1]

sb,if is the word did they file the tx/returns/09.No one has the answer.Please someone tomorrow call SOS/DELAWARE and ask them if they are.Some states will show you online or tell/call you how current they are in there filings.Not sure about delaware.tia glta

[Christy from Google]

Good post Biscuit. But IRS is a little slower, but can act much more quickly if evidence is uncovered. The corporate taxes are basicly a "wash", but the personal stuff is HUGE.

The IRS has more power than any government agency in the world. Thats why Mosky filed on Feb 15th. If the IRS guys with "Gold and Silver Badges" show up, Mosky is in Big Trouble.

Tennis match, gotta go.

[musicalchairs]

Precarious times if they are guilty of wrongdoing. If they are only keeping their cards close to their chest for good reason then they have nothing to fear. I would love to see this be the one that has a happy ending.

As a side note, thanks for the TOU note. I didn't read it till the next day so I couldn't follow your advise. I'll try to look in on the PMs next time.

[themanfromboston]

sea, good review...

essentially SPNG did NOT file their 2009 IRS taxes for the year ending May 31, 2009.

why?

which statements would they file with the IRS?

the correct ones

or

the fraudulent ones?

get the point?



If they filed the correct ones with the IRS, then the SEC can use those and compare to the $51 million revenue/$11 million net income and nail SPNG management.

If they filed the false ones, then the IRS can use them to nail SPNG management.